Asian Shares Slip as Global Rally Eases Off the Accelerator

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Asian Shares Slip as Global Rally Eases Off the Accelerator

BANGKOK — Shares were mostly lower Thursday in Asia after another day of wobbly trading on Wall Street as markets eased off the accelerator following their big rally. Japan’s Nikkei 225 shed 0.4% to 22,365.00 and the Hang Seng in Hong Kong also fell …
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UPDATE 1-Credit Suisse, UBS favourably placed to handle COVID-19 impact – SNB

(Adds detail, background.) By Brenna Hughes Neghaiwi. ZURICH, June 18 (Reuters) – Economic and financial conditions for the Swiss banking sector have deteriorated markedly due to the COVID-19 pandemic, the Swiss National Bank said on Thursday, but …
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Rupee gains 4 paise against US dollar in early trade

The rupee advanced nearly 4 paise to 76.12 against the US dollar in Thursday’s early trade following some gains in the domestic equity markets. The local currency opened almost flat at 76.16 against the greenback. The domestic unit quoted in a narrow …
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Sensex, Nifty trade on a muted note; broader markets outperform

NEW DELHI: Domestic benchmark indices were trading flat in Thursday’s morning session as investors were undecided given a sharp rise in Covid-19 deaths and green shoots visible in the economy that indicated towards a quicker recovery. Total number of …
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China central bank to keep liquidity ample, weigh policy exit strategy

SHANGHAI (Reuters) – China will keep liquidity ample in the second half of the year, but it should consider in advance the timely withdrawal of policy measures aimed at countering the effects of the COVID-19 pandemic, the country’s central bank governor …
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